in the movie the joy to be able to see a movie that's the gateway to the grand imperial truly the george west coast coromandel you can go with a chill closure to see dodi to go and. read this in the kernel was her child as a retreat. the leaders baker in brussels on the house of france continuing bailout says the debts epidemic now gripping italy and spain are the strains of a year on its last legs. as a media mogul and political titan come under huge public scrutiny examining whether they'll be able to survive the fallout of phone hacking scandal and restore public trust. the last remaining un indicted war crimes suspect or the hundreds is now waiting his extradition to the hague captured in serbia belgrade host the move will bring the country closer to new membership. and the all time

billion dollar lawsuit over previous failed deal the process is that hard says minority shareholders of the maybe the plane damages for the board of directors will have more of that and business and life even. though they are watching r t we're broadcasting live from moscow welcome to the program e.u. leaders have gathered in brussels for an emergency summit on them to come up with a cash promised for second bailout to greece heads of state are said to be considering a new bank tax to pay roll that tens stave off default to its me and spain russia in the first symptoms of a credit economic and a fresh tensions between the attendings squabbles have already broken out germany has hosted about. it sounds like quite some dancing resulting. in

writing this to. each man's wife threads. the single currency will be good within two years warner lists with the european debt crisis and there's a really very serious threat in. the euro my to disintegrate i'm not big euro zone my clubs it's already too late to save the greek economy according to a majority of leading economists and experts polled boyle see greece is really going down the drain completely the depth is escalating the deficit is start totally out of control give you the analogy but they were like somebody with a gambling problem or a drink. the greek people said it's a cultural thing so no we find ourselves with someone with a drink problem but with a huge debt as well and the problem will only ever get worse until you actually

confront reality and say look we did it in the euro's not going to together with germany in one single your politicians in the richest states refuse to foot the bill well i don't think i've ever met any body in the united kingdom in london market stations who actually wants to contribute to the bilateral countries like greece and italy and contribute to the continued existence of the hero because i think it's a stupid idea to start with and it's just chucking money down the drain yet pulling the plug on those states could trigger a chain reaction greece believe investors could avoid quitting the euro that in turn will spark the exit of portugal even italy and spain plays ireland portugal. the bug is going to start there over the last couple of weeks we saw that also. spain over germany italy with germany. start of the europe's top banks hold

billions of euro greek in portuguese and it if those countries go bust they could lose their money we might see scenarios like. that means that people will run to the bank in order to withdraw their deposits because they believe the bank might not be able to pay them the euro's facing an existential crisis the german chancellor angela merkel but the head of your biggest economy will. not find a compromise at the process summit that's raising tensions across the globe. at the moment the most visible of the most obvious is the eurozone problems the other side of the atlantic you have the u.s. economy. but some very weak economic figures and suffering as well e.u. leaders could sign the death warrant for the single currency here at the summit if again they fail to do a deal and halt the spreading. experts fear public plan it will take over denying

them control. see brussels well to discuss the financial woes gripping the e.u. the way joined by phone with the national times correspondent david cardwell live from hong kong thank you for joining us today here on our team now rumors that the e.u. is considering letting a new tax on banks to pay. do you think that forcing private investors to chip in is justified. well i'm sitting seven eight thousand miles away in of asia. watching from outside it's perhaps inappropriate for ours to tell the europeans what they need to doing detail turns out our main concern has to be that whatever is done stabilizes what is at the moment an extremely unstable situation it appears that the reluctance of germany to two caliber minutes private private

investor haircuts is part of the problem in reestablishing confidence if that's so then yes of course we believe that that is essential that's part of the solution at the moment however where more than a thing else about both europe and the us slipping deeper and deeper back towards a recession when indeed you see an unstable situation there will the e.u. or the euro i should say get through this. i sit on the gloomy side of things i don't believe that either the european economies or the united states have yet. really begun to get to grips with the very grave collapse that occurred after two thousand and eight. a lot of pain therefore is facing is going forward. from an austere point of view the sooner we start to get to grips with that and take some of the austere measures necessary the better

of course both european economies and the u.s. will get through it but i think we will all have to recognize in the process that we're a lot poorer than we thought we were in two thousand and seven when this is the city you meeting the summit going on today to try and resolve this do you think any concrete solutions carolyn reality come out of bounds. i think in truth a lot of a lot of hope is being put in something concrete yes. and if there's not then i i think the story is that the euro as a phenomena is in quite serious danger that probably can't be in the best interest of any of us so i think we do need some very concrete measurable conclusions coming out of today's meeting now looking outside the e.u. we hear of china's intentions and then they're helping hands of the e.u. and buy some of its debts do you think that could make an impact on the death toll

. i'm sure that. on the margins assistance of this kind can be helpful china is in a difficult position here of course its main concerns are with the plight of the u.s. economy and default on the u.s. treasuries it holds two thirds of your approximately two thirds of its three point two trillion dollars of reserves in u.s. dollars and so it's its greatest anxiety sits with the u.s. in the management of the debt there but they have to be concerned if one trillion dollars of debt sits with europe there and things can go pear shaped in europe then they stand to lose a great deal they have the resources to be helpful i'm sure that they would stand ready yes you mentioned the u.s.

they're in a bit of a battle of wills going on in america i mean will the government there be able to agree on raising the debt ceiling before the default deadline. well from an asian point of view that's a question that's probably more important. than the the catastrophic problems that are facing the european economy is if the u.s. were to default on its debt the consequences for our region would be really quite terrible. the value of bonds would fall. the value of the dollar would fall be impacts on china alone would be huge my own guesstimate is that five percent. just of five percent of creasy ation in the all fall in the value of the dollar against the roman b. for example would cost china in local currency its own currency terms about a hundred billion u.s. dollars. and so there is a lot at stake in the us effectively managing. their own really rather

catastrophic challenge it beggars belief that the leaders in the u.s. so preoccupied with their own local politics and properly recognize the dangers that they're creating for the global economy as a whole the prospects of recovering in any short term from the recession that's already dogless for three years ok we'll leave it there for now david dodwell the former financial times correspondent thank you for your thoughts here today r.t. . as the u.s. struggles to preserve the euro the u.s. as we've heard is struggling with the economic battle the government is deadlocked negotiations over raising its debt limits something that's the value of precious metals to new records and more on this in the kaiser report coming away at seven thirty g.m.t. here's a preview. well the world at five hundred dollars over me it would mean that the

peasants in america and around the world were being disenfranchised and haven't seen wage growth in decades and are being treated like by obama would suddenly a lot of money in which to restart the country see regime change and start a new republic you know the. public america they need to get on to their second republic any to rewrite the constitution iron out some of the flaws and loopholes return to some of the ideas that were there originally go back to goal the soldier as it says in the constitution. the london based team investigating phone hacking by journalists at news corp has been expanded from forty five to sixty police officers and staff as a scout intensifies it comes after m.p.'s warn that any delay in completing the

investigation would put the start of the plan for public inquiry with russian billionaire xander revenue says mr reid launching. the use of the world's top boy already to run the british papers from the evening standard on the independent. reports from london. and. also the prime minister that's the kind of reporting. thank you. i'm enjoying this so i who will. live the phone hacking scandal and keep his job cameron comes under fire for hiring andy coolth and former editor of the now defunct news of the world he's accused of encouraging his staff to hack into private voice mails there's been a large amount of fingers in ears and just kind of heads in the sand and that is lethal. and he's now in a real fight isn't a real but really bad situation could well be looking at some serious consequences

for himself at the very least still around him betting shops of slacks the odds on cameron being the next m.p. to quit working they offered one hundred to one at the beginning of the week but just five to one three days later in the last two weeks or so we've seen a lot of money go on camera really the last forty eight hours when the. committees have been going on behind us. and we've seen cameron over the last few weeks fall from one hundred to want to be the next cabinet member to leave to forty one year state and he just slightly crept up again to five to one today as a result of his statements in the house where we thought he gave quite a good performance on choose day it was murdoch's turn for a close shave attacked by a protester with. and saved only by his wife to write a book despite profuse apologies to victims of his own newspaper is unethical

behavior he had no intention of stepping down himself. which is what's less clear is whether david cameron remains the best person to lead britain out of this crisis of confidence he hired to close and who in turn it was later revealed was being advised by another ex news of the world back neil wallis if that wasn't enough he was simple taney asleep working for the metropolitan police politicians and police are under fire for cruising up to commuting. with the murdoch empire and in the wings cameron archrival age miliband this little bring up to step into the ring was so the country can have the leadership we need why why doesn't he do more why doesn't he do more than give up our apology and provide the full apology now for hiring this because then and bringing him into the heart of downing street. commentators say the prime minister came out on top in wednesday's

round in the house of commons we like each grilled by and he's over his relationship with the school but the fight is far from once you know. he is damaged before the race he was in with this woman on camera because none of the sort of damaging political issues that would actually stop him the scandal has forced resignations all round top executives at news corp and the u.k.'s two most senior police officers many are asking why the prime minister shouldn't be next for a knockout david cameron's promise to fulfill apology if it turns out and he calls and lie to him about his involvement with phone hacking but some say that won't be enough when it's over and we are a long way from that so it's far from clear who can survive the ground still to come and remain at the top of the media the police and the government nor and.

well your radio host says rupert murdoch is facing the collapse of his business and . i would be shocked if he is still at the helm of news corp you know the next couple of months and i think we're going to see actually a reversal of this i mean murdoch was in many ways a throwback and. professor jay rosen at n.y.u. has basically said that this was not a new company it was a media company that has a newsgroup vision that essentially functions as a lobbyist as a lobbying arm for that media enterprise and i think murdoch wanted that a little power and i suspect that anybody who takes over from murdoch and we don't know who that will be but i'm sure there will be somebody will see this this pursuit of political power just for the sake of political power to be antithetical

to running a good business. but that coming up in a few minutes on the program afghanistan starts and then for itself they start signing the process. engines and spend the transition that we continue to have plenty from timmy. and a frenzy grips the central russian region plus the discovery of priceless extraterrestrial materials. the arrest of our own projects for the whole of the international criminal tribunal for the former yugoslavia to focus on the completion of its mandate that's according to the un chief ban ki-moon who welcomed the end to a seven year manhunt expirations general accused of atrocities in the ninety's and twenty this is the last on the tribunals want to list the chechens expecting some extra time it's a courthouse where you can days sarah first was in belgrade looks back at the

events leading up to his detention. on future torture such. places like night one night. war of independence. he was detained. his family to the north a great and we saw it just hours after his arrest the serving court hearing go great i prefer his aides edition today the last of the war crimes suspect that have been killed by the hague and he's being charged with fourteen counts crimes including the one hundred thirty and this is always been. a year in that school about the potential he can't be we tend to forget. that the last war crimes suspect theoretically seen a number of these other happening in two thousand and eight and just less than two months ago we had the arrest. the president said it's good

to be in first it's been working extremely hard to track down these people. that now with this latest arrest east going to welcome serbia with has been said by many people to be a little bit naive that a number of bumbling blow remain not least in the public opinion amongst the serbian people that the serbian government has been spending a good practice to comply with the hague and they've really to see the hate to be okayed by the way that they treat the thing is the way they feel appointing in this direction they're really quite this illusion with the president but it says policies now every member of parliament chill actions coming up this next year the i did the problems they will be solved by membership of the e.u. really now it's been a cold pay. for forcing their world which is the rest comes at less than two months

before. turnover. explains why the international criminal tribunal for the former yugoslavia. well he was just a loose saying really in their propaganda operation if they didn't indict him then there would be one serbian leader who wasn't accused of being a criminal and that would be inconvenient they had they had to accuse all the serbs all their leadership of being criminals for this propaganda picture to take hold to why serbs generally. use this to paint a picture because the tribunals have been set up to. accuse all serbian leaders of being i didn't serve the big criminals while hiding the real criminals so the tribunals pointing finger is the one that the actual criminals who broke up the country hide behind. a statement on our website including the latest news blogs and expert analysis so it's online for you right now at r.t.

dot com unscrupulous scientists down and technology meet in it as any projects is their own attempt to plan. and find out how two thousand passengers were stranded on the ship some was taken to a scrap yard. the security hundred in afghanistan was done first seven cities and regions being transferred from responsibility to the hands of local forces rec center there is expected to come on the cobbles control at the end of year the process of transition is sure to last until twenty fourteen. troops are those who remain afghanistan's roles such as the training of local police violence has recently spiked in the country specifically targeting the regions that are the taliban in that fight foreign forces and gone so says the better r.t.

blogger and a member of the rethink afghanistan. the taliban has grown as a result of continued u.s. presence in the southern afghan. stan so by us leaving you're going to see the taliban basically not want to fight as much because there are going to be to be fighting it's afghans you're going to see an afghan peace process take place because afghans generally speaking don't want to silly fight with each other they just simply want to live in coexist for the most part but i think generally speaking that afghans are better off with governing themselves without the united states and coalition forces providing security for them because as we've seen we have unintentionally killed a lot of people so if afghans are killing afghans doubt it's better off then the united states or nato coming at us and i think we would be foolish to sit here and think that the us is leaving we're not leaving there will be permanent us

involvement in nato been bogged down for a long time. sometimes you have to be to reach the stars at least that's the case in central russia has resigned that region i mean to write the there has spread in recent years. like a chance to catch a falling star. they don't believe in aliens of the time machine but they do spend most of their time looking for extraterrestrial matter that will take them billions of years back in time most nature right hunters in russia do it for profit but some still see it as their way of each hiking through the galaxy. this is the oldest matter you can hold in your hands there is a theory that meteorites are part of planets core just imagine this piece is about four and a half billion years old not the earth the somali about three hundred kilometers east of moscow is their latest piece stop about ten thousand years ago the local

builds to a heavy pounding from an audience shower creating the most perfect tony tour of ground in central russia is discovering two thousand was a pure accident. if you did dog kids help with the draining off the excavators left a local resident was passing by you know just a rather strange broken picked it out of the rug lay only in his palm for two years until the store program got meteorites on t.v. and sent it in for testing that. the internet new years it all three tons of meteoric material was discovered here to somebody unlikely out of the nation but he's honest us he's the only dog in russia trying to account for rocks from other planets in many ways meteorite hunting is a lot like gold digging you have to spend weeks in the wild hoping for stroke of luck but in today's prices searching for these acts trying to wrestle rocks can be more profitable than even the good old gold fever marcion know who want to meet

your rights be sure and high as the months can cost two or even three times the weight in gold the biggest findings usually gravitate to the united states and western europe when mostly to right collectors at base and about russia got the law actually where the facts are correct for the rocks ten percent of their value of must be paid to this. still some delusion trying to dodge the meteorite tax this time halt was uncovered earlier this year at a mosque. illegally to the czech republic. for son of pawn stars a meteorite recently becoming a brazen card between. resign reaching. well that's a thing that's not all it is a business with very. hello and welcome to business here all right see you know minority shareholders at c a p

are preparing a lawsuit demanding five to ten billion dollars in damages over be peace failed but it's a partner with left in the arctic exploration now they've won a russian court ruling a blight on the parties involved to submit documents on the preparation of the multibillion dollar deal within two weeks this will allow the shareholders to evaluate the damages b.p. and rosneft failed to strike the deal this spring as the shareholders claimed b.p.'s rushing joint venture should be the primary vehicle for exploration in the arctic. the u.s. house come up with a last resort plants result of the deadlock over instead sealing the plan this hopes to help the country avoid a catastrophic default and includes deficit costs of four trillion dollars and calls for tax increases of one trillion dollars but the chief strategist of eye injury bank of course we for says there might be again between promises and real

carts. if the government makes too many cuts and raises taxes too severely then they could cause a double dip recession they could cause a substantial slowdown in u.s. economic activity which would of course hit the u.s. federal budgets and exacerbate the problem so they have to be very careful not to introduce the cuts to violently you're too quickly so be a very tricky balancing act and that's why i'm not expecting even the four trillion dollars cuts i really don't expect those to be put in place for a very long time i think that's what we're seeing no promises of cuts in order to get a deal done but there's a very big difference between promising because i'm actually making it and i think the implementation of the cuts will be very much linked to what the indicators are of economic growth in the u.s. . alan steckel look at the markets now crude that is next this hour that's after earlier gains as u.s.

all stockpiles shrank indicating fuel demand boy increase in the world's biggest consumer of the canal the sea. and asia shares came under selling pressure after a survey by h.s.b.c. reported a contraction of chinese manufacturing the july reading is the lowest in twenty eight months sparking more is about the future strength of the chinese economy bank of china is losing over one point seven percent of home calling this hour and in tokyo stocks are flats and i could save the lack of real progress and they do as that bad law is weighing on some exporters see the k. corp is shutting super science. and here in moscow there is just one hour left before the opening bell both markets ended wednesday session in the black with mostly chips off lower unemployment rates and accelerated retail sales in june to help boost investor confidence. and that's all the business news for now for more

stories you can always check out our website it's all right. slash has this i found out. the best solution disciplinary on. the. word. of the penitentiary system transformer criminal into a law abiding citizen since the prison life behind bars on r.g.p. .